SFX 2.65% 55.0¢ sheffield resources limited

Yes, what is it really worth? When trying to apportion fair...

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    Yes, what is it really worth?

    When trying to apportion fair value we must remember that Thunderbird is just one of their potential projects - whilst I am very reluctant to add significant value for in-ground resources, SFX do have some highly prospective "other" projects that must add some value for the company.

    Plus potential passive income from other "farmed" deals already done.

    I like to idea of one of the mid tier Iron Ore miners diversifying, IO has proved highly volatile and it does seem to make sense to try and spread things a little. Many positives for both sides IMO.

    Cheers

    Cabe
 
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